Economic and Financial Crimes Commission (EFCC)

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The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force (FATF) on money laundering, which named Nigeria as one of 23 countries non-cooperative in the international community's efforts to fight money laundering.

Latest Updates in Economic and Financial Crimes Commission (EFCC)

Advance Fee Fraud and other Fraud Related Offences Act

This is an Act to Prohibit and punish certain offences pertaining to Advance Fee Fraud and other fraud related offences and to repeal other Acts related therewith.

Economic and Financial Crimes Commission (Establishment) Act 2004

This is an Act establishing the Economic and Financial Crimes Commission (EFCC), and stipulating the functions of the Commission which include, amongst other things, the investigation of all financial... Continue Reading...

Money Laundering (Prohibition) Act, 2014

This Act provides for the repeal of the Money Laundering Act 2004 and enactment of Money Laundering (Prohibition) Act, 2011; makes comprehensive provisions to prohibit the financing of terrorism, the... Continue Reading...

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Economic and Financial Crimes Commission (Establishment) Act 2004

This is an Act establishing the Economic and Financial Crimes Commission (EFCC), and stipulating the functions of the Commission which include, amongst other things, the investigation of all financial... Continue Reading...

Money Laundering (Prohibition) Act, 2014

This Act provides for the repeal of the Money Laundering Act 2004 and enactment of Money Laundering (Prohibition) Act, 2011; makes comprehensive provisions to prohibit the financing of terrorism, the... Continue Reading...

Advance Fee Fraud and other Fraud Related Offences Act

This is an Act to Prohibit and punish certain offences pertaining to Advance Fee Fraud and other fraud related offences and to repeal other Acts related therewith.